Supreme Court rejects Ebix’s plea to withdraw Rs 400 crore offer for Educomp

Ebix has claimed that the RP withheld information about such investigations from it and has cited the investigations as one of the reasons for withdrawing its offer for the company. The Supreme Court noted that Ebix had submitted its resolution plan for Educomp on 19 February 2018.

from Banking/Finance-Industry-Economic Times https://ift.tt/393f223